Post
Topic
Board Politics & Society
Re: How do you handle borrowers?
by
Essential10
on 14/12/2023, 17:07:31 UTC
How about people who borrow money from you and never return it or even show any effort to make payment back to you, how did you go about the situation?
Avoid putting yourself in a difficult financial situation by overextending yourself to help others. It is important to be careful when lending money to others. It is better to lend money to people you trust. But I once lent money to my friend but he couldn't pay back on time when I was in dire need. Later my relationship with him got destroyed. Later I realized, when I needed money he had no money his financial situation was very bad. One thing I have learned since that incident is that if one has to lend money to the nearest person one must check his financial background.